In addition,
Los angeles fires cost $:
These fires. Moreover, which occurred in January, are the most expensive in American history, while the remains of a 31e victim were found on Monday.
The terrible fire of «Camp Fire» From 2018, sixty kilometers north of Sacramento, California, held the most deadly forest fire in the US state. However, It was also considered to be the most expensive in the country with the economic losses estimated at $. Furthermore, 13 billion (11 billion euros). Consequently, At the beginning of January. In addition, the fires of Palisades and Eaton, in the County of Los Angeles, in South California, largely exceeded it.
In a Gallagher Re report. In addition, a global company specializing in reinsurance, relayed by USA Today, the economic losses linked to these two monster fires are estimated at 65 los angeles fires cost $ billion dollars (55 billion euros): $ 37 billion for palisades fires (31 billion euros), $ 28 billion for Eaton (24 billion euros). Similarly, These claims resulted in the death of 31 people – the remains of a new victim were found on Monday -. the destruction of more than 16,200 buildings. “We are talking about two of the most expensive fires ever recorded worldwide”said Steve Bowen. scientific director of Gallagher Re, to our American colleagues. “We are faced with a new reality concerning the seasonality of forest fires”he added.
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Sub -tension real estate sector – Los angeles fires cost $
The main explanation for deciphering this figure is to. be found behind the location of these fires: this is one of the most expensive real estate markets in the United States. The two fires, declared on January 7, were circumscribed after three weeks. In total. the series of fires that struck los angeles fires cost $ the immense agglomeration bordering the peaceful ocean burned an area of more than 150 square kilometers. They initially spread very quickly because of strong winds, with gusts which sometimes reached 160 km/h. Their exact cause is always the subject of an investigation.
According to a study by dozens of researchers. published at the end of January, the climate change caused by man prepared the field for fires by reducing precipitation, drying up the vegetation and prolonging the dangerous overlap between the drought conditions conducive to the lights and the powerful winds of Santa Ana, which blow in winter.
$ 110 billion in losses for the United States
The event had caused arms passes between the Democratic Governor of California. Gavin Newsom, and Donald Trump, the latter accusing the first of poor water management. The American president then ordered the opening of tanks. a decision which led los angeles fires cost $ to the waste of billions of liters of water, according to experts. More than six months after this tragedy. the reconstruction of the affected areas represents a Dantesque site for the local authorities.
Also according to the Gallagher Re report. the United States alone concentrates 73% of the global economic losses linked to natural disasters which occurred in the first half of 2025. Over the same period. the world’s leading economic power experienced 15 climate events exceeding one billion dollars, against six in the rest of the world, for a total of $ 110 billion in losses (94 billion euros).
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